Filed November 9, 2017
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $63,915 | $55,706+14.7% | $75,886-15.8% | $72,985-12.4% |
| Participation rate | 83.0% | 61.1%+21.9pp | 69.3%+13.7pp | 69.5%+13.5pp |
| Annual return | 21.07% | 27.59%-6.5pp | 30.76%-9.7pp | 81.00%-59.9pp |
| Employer contribution / active EE | $2,359 | $1,687+39.9% | $2,500-5.6% | $2,440-3.3% |
| Participant deferral / active EE | $4,466 | $2,634+69.6% | $3,603+24.0% | $3,607+23.8% |
| Admin fee / account holder | $2,604 | $3,978-34.5% | $5,418-51.9% | $5,124-49.2% |